Quote from: eminemcookie on December 22, 2018, 10:13:26 PM

Quote from: figmentofmyass on December 22, 2018, 08:46:02 PM

Quote from: eminemcookie on December 21, 2018, 06:41:08 PM

Quote from: figmentofmyass on December 21, 2018, 05:52:34 PM

Quote from: mycoinrisk on December 21, 2018, 04:49:50 AM

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all.

the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower.

Sounds like the perfect time for a recovery then. The large buyers always buy and start the reversal when everyone is running for the hills and calling crazy new bottoms.

it sure does. that's why whale conspiracy theories always entertain me.

retail traders can't afford to lose much---they're constantly getting squeezed by the market. they get all emotional and end up selling the bottom when everything looks hopeless. meanwhile, well-funded investors buy the blood and exercise patience.

markets = impatient traders giving away their money to patient traders.

I'm not convinced that it's only whales that can do these things. Smaller traders are perfectly capable to do the exact same thing and profit just as much. Buying when there is blood and selling whenever people are on cloud nine. Most people are too ruled by the pressure of others' decisions and their emotions to make the right decisions.

We must realize that big whales and small traders are not ignorant people, they certainly have the same potential and desire to achieve maximum profits. However, there's the most monotonous difference between them which's also an important point that we cannot just ignore. IMO, Big whales are usually more professional in addressing various conditions that occur in the market, so no wonder if their actions tend to produce results afterward. Meanwhile, small traders are usually easily shaken by negative media coverage or FUD, so there are not a few of them who in the end many have lost due to panic sales. But I'm very sure that here there are still many small traders who perform smartly, and can manage risk well so that they can avoid/minimize losses.